Analysts’ Recent Ratings Changes for Black Hills (BKH)

Black Hills (NYSE: BKH) recently received a number of ratings updates from brokerages and research firms:

• 10/8/2026 – Black Hills had its price target raised by BMO Capital Markets from $83.00 to $86.00. They now have an “outperform” rating on the stock.
• 10/7/2026 – Black Hills was upgraded by Freedom Broker from “hold” to “buy”. They now have a $78.00 price target on the stock, up from $69.00.
• 9/30/2026 – Black Hills is now covered by Freedom Broker. They set a “hold” rating and a $69.00 price target on the stock.
• 9/21/2026 – Black Hills had its price target raised by Bank of America Corporation from $87.00 to $97.00. They now have a “buy” rating on the stock.

Black Hills Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were given a dividend of $0.7030 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $2.81 annualized dividend and a dividend yield of 3.7%. Black Hills’s payout ratio is presently 70.96%.

Black Hills Corporation (NYSE:BKH) is a regulated utility holding company headquartered in Rapid City, South Dakota. Through its operating subsidiaries, the company provides electric and natural gas utility services to residential, commercial, industrial and other customers.

Black Hills owns and operates electric generation, transmission and distribution facilities, as well as natural gas distribution, storage and transportation infrastructure. Its electric utilities serve customers in Colorado, Montana, South Dakota and Wyoming, while its natural gas utilities operate in Arkansas, Colorado, Iowa, Kansas, Nebraska and Wyoming.

The company traces its history to the development of utility services in the Black Hills region and was incorporated as Black Hills Corporation in 1941.